Green Garmento did not get an investment from the Sharks.
Courtesy of thegreengarmento.com
1. A more eco-friendly way to carry and store your dry cleaning.
2. No more single-use plastic dry-cleaning bags.
3. Each bag also serves as a hamper AND a duffel for your dirty laundry.Buy Green Garmento at Amazon.com →
I'm a sucker for eco-friendly products, so I was pulling for Jenny and her Green Garmento product.
But Jenny made the cardinal sin of not knowing her numbers. That was her cardinal sin, but her (lengthy list of) other Shark Tank no-no's also included bringing a product into the Tank that was not making any money. A product that, in fact, was LOSING money to the tune of $10,000 a month.
So, saddled with $1.2 million dollars in debt, Jenny walked away without an investment. For once, I couldn't blame the Sharks for swimming away from this deal.
(BTW: I usually think the world of Barbara, but her comment about hoarding her clear plastic dry cleaner bags made her seem like a batty old cat lady!)